Trepp

Two women playing Blackjack at gaming table, close-up
Coronavirus  ·  Features
National

Daily Double: Those Who Shorted Mall Debt Have Hit the Jackpot

By Cathy Cunningham
An aerial view of Miami Beach including the Loews Hotel.
Finance  ·  CMBS
Miami

Loews Miami Beach Gets Some COVID Relief 

By Cathy Cunningham
The Lipstick Building at 885 Third Avenue in Manhattan.
Finance  ·  CMBS
New York City

Loan on Ceruzzi’s Lipstick Building Ground Lease Hits Special Servicing

By Mack Burke
Premium
No More Mr. Nice Guy?
Finance
New York City

No More Mr. Nice Guy: Is Forbearance Fatigue Starting to Set In?

By Mack Burke and Cathy Cunningham
Premium
Renewed off-campus housing demand driven by colleges has provided light at the end of the tunnel.
Finance  ·  Coronavirus
National

Off-Campus Student Housing is Providing a COVID-19 Lifeline for Major Colleges

By Mack Burke
Premium
498 Seventh Avenue.
Finance  ·  Refinance
New York City

MetLife Provides $400M Refinance on Garment District Office Property

By Mack Burke
Premium
While the unprecedented wave of thousands of relief requests since mid-March has slowed, Fitch Ratings is expecting it to pick back up this month as delinquencies rise.
Finance  ·  CMBS
National

CMBS Debt Relief Requests Slow, Special Servicing Transfers Climb

By Mack Burke
Premium
Southport Plaza
Finance  ·  CMBS
New York City

CMBS Loan on Staten Island Office Property Falls 30 Days Delinquent

By Cathy Cunningham
Premium
Signage on a Marriott-branded Residence Inn.
Finance  ·  CMBS
National

Borrower on CMBS Hotel Portfolio Loan Requests 18-Month Forbearance

By Mack Burke
Premium
Borrowers are preparing to enter the loan workout maze as requests for short-term mortgage relief give way to the prospect of defaults and loan workouts.
Finance  ·  CMBS
New York City

Navigating the Loan Workout Maze

By Sarika Gangar
Premium
The Distrikt Hotel at 342 West 40th Street.
Finance  ·  CMBS
New York City

Loan on The Distrikt Hotel in Midtown Sent to Special Servicing

By Mack Burke
Premium
Hands of bank officer calculating loans.
Finance  ·  CMBS
National

Wave of Hotel CMBS Portfolio Deals Begins Crashing Into Special Servicing

By Mack Burke
Premium
Pasadena, Calif.
Finance  ·  CMBS
California

Pasadena Hotel Loan Heads to Special Servicing

By Cathy Cunningham
Premium
75 Broad Street.
Finance  ·  CMBS
New York City

JEMB Realty Denied COVID Relief for 75 Broad Street

By Cathy Cunningham
Premium
A photo of a red line graph rising.
Finance  ·  CMBS
National

CMBS Delinquencies Predicted to Reach Near “Great Recession Peak”

By Mack Burke
Premium
Do Not Disturb Sign On Door Handle
Finance  ·  CMBS
National

Stay of Execution: COVID-19 Has Hotel CMBS Backed into a Corner

By Mack Burke
Premium
271 East271 East 197th Street in the Bronx.
Finance  ·  CMBS
New York City

Morgan Stanley Adds to Bronx Financing Spree With Another $64M Portfolio Loan

By Mack Burke
Premium